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Original Article: What Shippers and Retailers Need to Know for Peak Season Planning 2022. The survey also found that although many companies have arranged international shipments early this year, most continue to rely on the spot freight market to move goods.”. What Shippers and Retailers Need to Know for Peak Season Planning 2022.
In this article, we will explore these last-mile delivery optimization strategies and the role of route optimization software as we look ahead to industry trends shaping the future of delivery in 2025. Data-driven approaches, such as predictive analytics, facilitate real-time adjustments in delivery operations.
According to data from the industry, there are a lot of claims related to perishable shipment by all means of transportation. Marine Cargo Survey Practices. Analyze data obtained from survey, formulates recommendations pertaining to vessel capacities, and writes report of findings. Gathering Information.
Big data is only useful if you understand the metrics and can connect them to the important areas of your business. But how do we turn inventory management data and other key metrics into business intelligence? This article explores general insights behind the data found in the evans365 portal and what it means for your business.
As we head into 2016, we are featuring our most read articles of 2015 in our five main categories: Manufacturing, Supply Chain, Logistics, Transportation Management, and Freight. Yesterday we published the top 10 most read manufacturing articles of 2015. . Top 10 Supply Chain Articles from 2015. Read the full article here. .
According to Richard Howells of Forbes , the 2020 Oxford Economics survey found “49% of supply chain leaders (the top 12 % of respondents) can capture real-time data insights and act on them immediately, while 51% use AI and predictive analytics to capture insights. Freight market data size consistency matters.
Original article: Key Challenges in Fresh Grocery & Supermarket Supply Chains. In a survey of retailers and wholesalers conducted from mid-March to mid-April, 81% said sales in the perimeter had increased over the previous 12 months. Original article: Key Challenges in Fresh Grocery & Supermarket Supply Chains.
Let’s look at my 7 truths of customer service that every business should consider; Most companies don’t truly know their customers’ service needs, though they think they do This often stems from insufficient customer interaction, lack of surveys, and limited performance measurement Even after working with thousands of businesses over (..)
According to a survey by ARC Advisory Group, only 10% of industrial companies are ready to apply artificial intelligence/machine learning. He also spoke at the ARC forum in 2023, and this article is based on that presentation as well. We needed to model the data in a way that we can do simple searching. Data does not move.
Port Everglades’ landside operations resumed Thursday morning and waterside operations are expected to resume Thursday, pending channel and berth damage surveys. READ THE FULL ARTICLE Both ports are scheduled to reopen Friday, pending damage and safety assessments. It has this big ripple effect throughout the economy.”
Today’s article is the fifth part in a series featuring surveys from APQC on supply chain topics including ESG in supply chain , environmental sustainability , last mile , digital transformation. Survey respondents are second most likely to have implemented Robotic Process Automation in sourcing and procurement (20 percent).
Preliminary results from a Lucas-commissioned survey of 350 companies in the US and UK found that the majority of the companies are already employing AI in one way or another within their warehouses and distribution/fulfillment centers. First, a word about the terms artificial intelligence and machine learning, as I am using them here.
Data for the BlueGrace Logistics Confidence Index is aggregated through a survey of shippers and reflects all freight transportation modes, while correlating growth or shrinkage to the overall industry volume of shipments and the price of products, according to BlueGrace. READ THE FULL ARTICLE
A few weeks ago, I wrote an article on the benefits of time slot management. In that article, I highlighted the importance of the network effect on time slot management and related technologies, as well as the main benefits of a time slot management application. Wait Times and Costs Can Add Up Quickly.
Bouncing back more quickly, said experts, will require supply chain managers to turn to new ways of managing the supply chain, including using Internet of Things (IoT) data, analytics and machine learning (ML). An AI system needs to be fed data sets to learn how to behave and react.
In this article, Eytan Buchman, Freightos’ CMO, discusses the importance of data and context in global freight and logistics. The future of global freight data lies in real-time information, contextual insights, and aggregated data that can help companies make better decisions and adapt to a rapidly changing industry.
Mark Derks, BlueGrace Chief Marketing Officer June 23, 2023 In the dynamic and ever-evolving logistics landscape, having access to accurate and timely data is essential. Updated quarterly, the LCI has become an important resource for shippers seeking to maximize data forecasting as part of a predictive and prescriptive analytics model.
ARC Advisory Group’s warehouse labor survey has shown that 35% of warehouses have a seasonal surge in the number of workers they employ of over 20%. By 2018, the year of the survey, this number fell to between 2 and 5 applicants per job. million people quit jobs in August, according to the monthly survey — about 2.9
These solutions use natural language processing, for example, to read online publications and other data sources, make sense of what they read, contextualize the data into information, and report supply chain disruptions caused by weather, geopolitical events and other hazards in near real-time. First, it is done through surveys.
This survey-based research gathers quantitative data as well as information on practices or performance drivers. This survey focuses on the current state of key practices in last mile logistics, spread across multiple industries and over 1,100 respondents. This is due to the rising instances of “porch pirates.”
The following article highlights some of the key points made by Ms. What makes the APQC data so valuable is the large pool of respondents and the rigorous process they go through to validate their data. The survey-based research gathers quantitative data as well as information on best practices or performance drivers.
Glenn Taylor | Sourcing Journal November 02, 2023 In an improving sign for the retail supply chain, the majority of shippers surveyed by third-party logistics (3PL) provider BlueGrace Logistics—64.4 or Mexico in 2023, according to a recent survey from software technology vendor Capterra. READ THE FULL ARTICLE In fact, 65.8
The solutions to supply chain problems boil down to the right combination of three factors—technology, data and processes. It’s true that the major issues in the supply chain—which were confirmed through MH&L ’s workforce survey process and published in an earlier article —are nuanced. Data is a critical business asset.
Today’s article is the fourth part in a series featuring surveys from APQC on supply chain topics including environmental sustainability , last mile , and digital transformation. Survey respondents were asked to identify the top three challenges they face in implementing ESG into their supply chain.
In late 2023, Descartes conducted a survey of 1,000 supply chain and logistics decision-makers across North America and Europe across three sectors: manufacturing, distribution and retail; carriers; and logistics services providers. The study also provided insight into what companies are doing to address it.
Our 2018- 2019 Network Design Survey showed that the majority of organizations are still relying on spreadsheets (nearly 60%) and gut feel (15%) to make network design decisions. This means that you can target very specific parts of your demand data and dynamically run different scenarios in those conditions to measure its effect.
Businesses are prioritizing the speed of data propagation within their supply chains. According to Gold, NRF members have made significant investments in data analysis to improve their ability to predict consumer demand to prevent bloated inventory levels that many large retailers experienced around this time in 2022. and Target Corp.
In late 2023, we conducted a survey of 1,000 supply chain and logistics decision-makers across North America and Europe across three sectors: manufacturing, distribution and retail; carriers; and logistics services providers. According to the survey, 55% of respondents indicated that positions for knowledge workers (e.g.,
While creating a demand-driven supply chain means ingesting and interpreting large volumes of data, advances in cloud computing and edge computing make data-based decision making easy and cost-effective. And Agility Can Help Improve Profitability Too? blockchain), and video-based collaboration/content sharing. A Positive Example.
This article shares details on the Truck Tonnage Index, how the data reflects the overall economy, and other ways to interpret the data. Data Collection. The ATA creates the tonnage index through a series of surveys of its members. The index uses seasonally adjusted data and non-seasonally adjusted data.
The survey conducted by Deloitte and MAPI, included more than 200 different manufacturing organizations. Above all else, the survey shows the main reason why manufacturers are looking into a digital supply network; end to end transparency. This represents the top challenge for 30 percent of the survey respondents. .
A recent article suggests that, by 2018, only 30 percent of manufacturers investing in digital transformation will be able to maximize the outcome. That same study found only 5 percent of those surveyed were very satisfied with their digital progress so far. Harnessing Big Data. Possibly not. This is concerning.
This article is from GEP and look at the impact of EV boom on the oil & gas market. According to IEA data, around 16.5 However, 76 percent of surveyed O&G executives suggest that a rise in oil prices above $60 /bbl is also projected to accelerate energy transition. To read the full article, click HERE.
Data and predictions have been all over the map. This week, for example, CCJ reported that “60 percent of fleets running between 1 and 100 trucks have yet to adopt ELDs, according to a recent survey conducted by CarrierLists.” Data from transportation procurement events mirror these results.
The good thing is, there is an abundance of readily available data that you can compare against to see if you are getting paid enough. If you search, “truck driver salaries”, you will get countless internet articles and reports, many of which can offer up some conflicting information and very different pay scales.
In my Logistics Viewpoints article in January 2021, “ The New Definition of Supply Chain Agility and Resilience in an Unpredictable World ”, I highlighted that modern supply chains must be built on a foundation of extreme agility and responsiveness. In fact, it may lead to increased variable costs. It should also be shared downstream.
Data for the BlueGrace Logistics Confidence Index is aggregated through a survey of shippers and reflects all freight transportation modes, while correlating growth or shrinkage to overall industry volume of shipments and price of products, according to BlueGrace. READ THE FULL ARTICLE
Supply chains will survive the current crisis, but only if they embrace data-driven transportation management practices. The Costs of Not Using Data-Driven Transportation Management. There is increasing pressure on manufacturers to digitize and get their data streams and towers in order.
An article from GTI Predictive explains, The cost of failing to manage supply chain systems effectively can be enormous. This week’s article by Morai Logistics explains just what predictive maintenance is and how it’s transforming supply chains. This is where predictive maintenance comes in. What is Predictive Maintenance?
This post is chock full of great statistics and other great articles to discover around these subjects. We are spending hundreds of billions of dollars doing this kind of work in China,” says Rodney Brooks, co-founder of Rethink Robots, in the article. “We In fact, BLS data reports slightly more than 3.0 We hope you enjoy!
Last week, Clint Reiser published an article highlighting our 2022 supply chain predictions. Three years ago, my colleague Steve Banker wrote an article about the Amazon supply chain , asking if it was the most innovative in the world. Data from the U.S. Amazon Supply Chain Innovation Continues ; Chris Cunnane.
In one McKinsey survey of more than 100 large organizations in multiple sectors, companies that regularly collaborated with suppliers demonstrated higher growth, lower operating costs, and greater profitability than their industry peers. The remainder of this article will focus on the technology issues.
As of April 1, the Congressionally mandated electronic logging device (ELD) rule is in effect, described by the Federal Motor Carrier Safety Administration (FMCSA) as “intended to help create a safer work environment for drivers, and make it easier and faster to accurately track, manage, and share records of duty status (RODS) data.
Data for the BlueGrace Logistics Confidence Index is aggregated through a survey of shippers and reflects all freight transportation modes, while correlating growth or shrinkage to overall industry volume of shipments and price of products, according to BlueGrace. READ THE FULL ARTICLE
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